Neighbor Joe - Passive Income March 2019 - $2,308/Year

Here is my latest passive income updates. I have reshuffle my portfolio to be more defensive, dividends and blue chip stock focus. I won't write out the details of my portfolio but will just provide a screenshot of my income page from my investment account.

My account is setup for DRIP, which means that dividends if possible are reinvested for addition share of that company. For example, every quarter, the dividend from Fortis (TSE:FTS) buys me two additional share of Fortis. If you want to learn more about DRIP, check out my post here.

November 2019 ($1704/Year):
http://www.slowlybutwealthy.com/2018/11/neighbor-joe-passive-income-november.html 

February 2018 (1577/Year):
http://www.slowlybutwealthy.com/2018/02/neighbour-joe-february-2018-157733year.html

December 2017 ($1463/Year):
http://www.slowlybutwealthy.com/2017/12/neighbor-joe-passive-income-update.html 

Original Post ($1024/Year):
http://www.slowlybutwealthy.com/2017/10/neighbor-joe-passive-income-1024year.html

Neighbour Joe - March 2019 Net Worth

Here is my latest and greatest net-worth update as of today 13 March 2019.

Asset
Chequing: $1,146
Savings: $1,005
TFSA Investment: $84,830 (Market Value)
RESP:$1,304 (Market Value)
**Real Estate: $224,000 (Purchase Price of my house)
**Define Benefit Work Pension (Transfer Value): ~$153,000 (Last checked in Jul 2017,aprox $1000 a month of contribution)

*Automobile is not included (No monthly car payment)
**These have not been updated since the start of this blog.

Liabilities
Mortgage: $121,764

*Credit Card is paid in full every month

Last Net Worth Update: $336,139
Current Net Worth: $343,521(+2.2%)

As you can since, in comparison to last month's breakdown, I have shifted focus from paying down my mortgage to max out my TFSA. Also, since I have recently opened a DIY RESP, I'll putting a post together later this month to give some simple advice on RESP. I'll also be providing an update on my passive income as I have recently shuffle up my portfolio to focus more on defensive stock. Here was my last passive income update.